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Rajnandini Metal Ltd Fundamentals

Market Cap
₹ 322.1 Cr
P/E Ratio (TTM)
21.18
P/B Ratio
5.68
Debt to Equity
1.74
ROE
EPS (TTM)
0.55
Dividend Yield
8.58 %
Book Value
2.05

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Rajnandini Metal Ltd Financials

Rajnandini Metal Ltd Financials

Rajnandini Metal Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 51.68 % 65.27 % 73.24 % 73.24 %
Retail 46.03 % 32.84 % 23.29 % 22.37 %
Others 2.26 % 1.85 % 3.47 % 4.39 %
FII 0.03 % 0.04 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

51.68%

Retail

46.03%

Others

2.26%

FII

0.03%

Mutual Funds

0.00%

Promoters

65.27%

Retail

32.84%

Others

1.85%

FII

0.04%

Mutual Funds

0.00%

Promoters

73.24%

Retail

23.29%

Others

3.47%

FII

0.00%

Mutual Funds

0.00%

Promoters

73.24%

Retail

22.37%

Others

4.39%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹11.62

PIVOT

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Resistance
First Resistance₹11.833
Second Resistance₹12.017
Third Resistance₹12.233
support-arrow
Support
First Support₹11.433
Second Support₹11.217
Third Support₹11.033

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,165,439773,811100.00
Week334,2881,004,966-33.60
1 Month334,288542,019-33.60
6 Months427,116,464323,753,80996.49

About Rajnandini Metal Ltd

Rajnandini Metal Limited was incorporated as a private limited company namely 'Rajnandini Metal Private Limited' on March 18, 2010. Further, the Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra Ordinary General Meeting held on March 01, 2018 and consequently the name of the Company was changed from 'Rajnandini Metal Private Limited' to 'Rajnandini Metal Limited' on March 14, 2018. The Promoter's experience of over 15 years in the sphere of trading of Scrap of ferrous and non ferrous metal, Copper wires, Copper ingot, Copper rod, Aluminum, Brass, zinc ingot and various other metals, the company understands current market trends and demand that has enabled them to cater various industries such as manufacturing units, automobile & engineering industry. The Company is in business of trading of scrap of all types of ferrous and Non ferrous Metals such as Copper Wires, ingot scrap, and other related items used in various electrical and industrial applications. The Company works as a crucial business interface, networking between manufacturers / processors / yards and consumers / traders across the country. The Company operates as an important intermediary in the Metals Supply Chain whereby it purchases materials such as Annealed/Un-Annealed Copper Wires, Copper Wires, Brass Scrap, Aluminium ingot, Zinc ingot etc. from various suppliers and supply the same to customers in the Metal Business. The Company's business model is based on B2B model wherein the Company sells the scrap to the business enterprises who further transform the scrap in to finished product as per their requirements. The Company's Product Portfolio offers a diversified product range which includes variety of grades, thickness, widths and standards of all types of ferrous and Non ferrous Metals according to customer specifications.

Managing Director

2010

Founded

Het Ram

NSE Symbol

RAJMET

Rajnandini Metal Ltd Management

NameDesignation
Het RamChairman & Managing Director
Mithlesh SharmaExecutive Director
Shiv KumarIndependent Director
Sanjeev ChhaudhaIndependent Director
Ashok KalraExecutive Director
Jitendra Kumar SharmaCompany Secretary
Arun SharmaIndependent Director

Rajnandini Metal Ltd News

Rajnandini Metal standalone net profit declines 91.34% in the March 2024 quarter
Sales decline 5.85% to Rs 315.80 crore
Rajnandini Metal to discuss results
On 10 May 2024
Rajnandini Metal standalone net profit rises 13.86% in the December 2023 quarter
Sales rise 18.33% to Rs 297.67 crore
Rajnandini Metal announces board meeting date
On 15 January 2024
Rajnandini Metal standalone net profit rises 94.61% in the September 2023 quarter
Sales rise 83.96% to Rs 333.10 crore
Rajnandini Metal to declare Quarterly Result
On 31 October 2023
Rajnandini Metal to convene board meeting
On 3 October 2023
Rajnandini Metal to hold AGM
On 22 September 2023
Rajnandini Metal standalone net profit rises 27.86% in the June 2023 quarter
Sales rise 1.92% to Rs 265.86 crore
Rajnandini Metal to announce Quarterly Result
On 26 July 2023

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Rajnandini Metal Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Rajnandini Metal Ltd shares in BlinkX

Rajnandini Metal Ltd's P/E ratio is 21.18 times as of May 18, 2024 at 01:44 PM.

Rajnandini Metal Ltd's most recent financial reports indicate a price-to-book ratio of 5.68, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Rajnandini Metal Ltd's market is 322 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Rajnandini Metal Ltd show a % ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Rajnandini Metal Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Rajnandini Metal Ltd stands at 51.68%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 0.04% to 0.03%.